Beauty Advisor

3 weeks ago

abu dhabi, United Arab Emirates WebEngage Full time
Description of Core DutiesProduct development:Work actively with the business development teams and liaise with the Group to price and provide actuarial support for new productsIndividual Life insurance product pricing from ideation to product launchRegular reviewing and monitoring of internal experience and trends to ensure company product pricing meets profit targetsRepricing methodologies and bases and, where appropriate, development of new pricing techniques and rating factors in liaison with the GroupEnsure product pricing is consistent with the set underwriting policy and regulatory guidanceProvide analysis to support the renegotiation of existing group contractsAssist system vendors in product setup in the administration systemReview and monitor experience on all products to inform pricing assumptions and decision-making including profit testing of existing productsPrepare reports on product performance for management decision makingWork closely with reassures to ensure treaty optimizationProduct Approvals: Drive the product approval process both within the Company and externally with the Insurance Regulator and other government bodies
where Product Documentation: Develop and continually review product training manuals and marketing materials that are appropriate to the target market and distribution channel of the
Valuation:Assist with new product implementation into the valuation systems and provide future projections under the valuation standards at the timeAssess the capital requirements of new products that assists with capital consumption and choice of product designsExperience Investigation:Assist with the annual experience investigations on key assumptions for pricing and Sensitivity analysis and impact assessment of the various assumptions Asset Liability Modeling (ALM):Assist with the quarterly preparation of ALM calculations and presentations to management in relation to the new and existing products Actuarial Modelling:Building and maintaining models for pricing, Value of New Business (VNB), ALM, capital modeling and experience investigationsRequirementsBachelors
degree in actuarial science, statistics, engineering, mathematics or any equivalent with a strong emphasis on mathematical proficiencyGood Progress in the Institute of Actuaries examinations or any other recognized Actuarial bodiesAt least 4 years
experience in an actuarial function focused on pricing of new products or repricing/ product reviewPractical end to end Product development experiencePractical end to end Prophet modelling experience will be an added advantageTechnical CompetenciesStatistical/actuarial techniquesProficient knowledge in the insurance industry in KenyaKnowledge of reinsurance arrangements and structuresKnowledge of software packages or programming (, Excel, R, Visual Basic for Applications)Product development knowledgeProficiency in Prophet coding will be an added advantage;CorecompetenciesAdhering to principles and valuesDelivering results and meeting customer expectationsSelf-driven and provide independent thinkingRelationship building and Networking within and outside the organizationStrong analytical skillsLearning and researchingPresenting and communicating InformationAchieving personal work goals and objectivesConnecting work to business objectivesIf you are interested in the above role and meet the minimum requirements, please submit your application by Friday March 03rd ;Only shortlisted candidates will be
Bachelors
degree in actuarial science, statistics, engineering, mathematics or any equivalent with a strong emphasis on mathematical proficiency Good Progress in the Institute of Actuaries examinations or any other recognized Actuarial bodies At least 4 years
experience in an actuarial function focused on pricing of new products or repricing/ product review Practical end to end Product development experience Practical end to end Prophet modelling experience will be an added advantage Technical Competencies Statistical/actuarial techniques Proficient knowledge in the insurance industry in Kenya Knowledge of reinsurance arrangements and structures Knowledge of software packages or programming (, Excel, R, Visual Basic for Applications) Product development knowledge Proficiency in Prophet coding will be an added advantage
Core competencies Adhering to principles and values Delivering results and meeting customer expectations Self-driven and provide independent thinking Relationship building and Networking within and outside the organization Strong analytical skills Learning and researching Presenting and communicating Information Achieving personal work goals and objectives Connecting work to business objectives If you are interested in the above role and meet the minimum requirements, please submit your application by Friday March 03rd
Only shortlisted candidates will be#J-18808-Ljbffr

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